On death of the policyholder, the death SA is paid immediately. All Rights Reserved.. *Please note that the quotes shown will be from, Written By: PolicyBazaar - Updated: 14 October 2020, Follow, like, tweet or post. E.g. NSE Gainer-Large Cap . Go Paperless. Flexibility to choose policy term and premium payment term. Add to that the cost of your child's … More videos of Child, Insurance are available. IDBI Federal Childsurance Savings Protection Insurance Plan Being a good parent means making sure your child's future stays secure. In case of suicide within 12 months of revival, higher of 80% of premiums paid or acquired Surrender Value is paid. Childsurance Savings Protection Insurance Plan News and Updates from The Economictimes.com. The IDBI Federal Life Insurance Childsurance Plan is designed in a way that it gives the policyholder guaranteed annual payouts in order to aid crucial milestones in the life of his/her child. Comprehensive coverage of both heart and cancer ailments, Fixed Benefit payout on covered conditions irrespective of actual amount spent on treatment. Extensive life cover for a relatively small premium. IDBI Federal Secured Income Saving Insurance Plan and Policy - IDBI Federal Life Secured Income Insurance Plan is a non-linked, participating insurance plan that allows the policyholders to secure their future income for 10 years. IDBI Childsurance Savings Protection Insurance Plan. Definitions “Bonuses” 1. Watch and share videos and updates by . In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee. IDBI Federal Life Insurance Company Ltd. is one the leading life insurance service providers in India and aims to cater the needs of the customers with a wide range of innovative services. Nifty 11,452.45 174.45. Option to pay premium just once or for a limited period or throughout the policy term. MyLife Protection Plan. IDBI Wealth Plan ensures you to receive a lump sum amount of money at the maturity of the Policy. Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made thereto from time to time. All Rights Reserved. Copyright 2021 IDBI Federal Life Insurance. The various IDBI Federal Life Insurance Company Saving Plans are Childsurance Savings Protection Insurance Plan, IDBI Federal Lifesurance Savings Insurance Plan. Here's How... Get a Hand That Protects Your Child Even In Your Absence. IDBI Federal Life Insurance. Three life cover options to suit individual needs. Marg, Lower Parel (West), Mumbai – 400013 IDBI Federal Life Insurance Company Limited Page 1 IDBI Federal Childsurance Savings Protection Insurance Plan (UIN: 135N032V01) TERMS AND CONDITIONS 1. 135, 19th Dec, 07. Get contact details and address| ID: 6874688597 IDBI Federal Life Insurance Company has two child plans to its customers. Childsurance Savings Protection Insurance Plan Overview Childsurance Savings Protection Insurance Plan is a traditional participating Child plan which takes … The cost of education has shot up significantly and is expected to rise further. The child will receive the Guaranteed Annual Payouts as usual even if the policyholder is not around, Vested Reversionary bonuses and terminal bonus, if any, is paid at the end of the policy term, The Death Sum Assured is defined as the higher of the maturity SA or 10 / 7  times the annual premium. Choose our Savings Plans providing double benefit, of life insurance cover along with good returns on your investments. Childsurance Savings Protection Insurance Plan News and Updates from The Economictimes.com. for 1+3, enter 4. **Discount is offered by the Insurance company as approved by IRDAI for the product under File & Use guidelines #On the basis of your profile, CIN: U74999HR2014PTC053454 Policybazaar Insurance Brokers Private Limited (formerly known as Policybazaar Insurance Web Aggregator Private Limited) Policybazaar is currently registered as a Web aggregator by IRDAI. IDBI Federal Life Insurance Company Limited ensures ultimate life cover with their life insurance plans. Secure your employees under a single insurance plan with our wide range of Group Plans. Insurance is the subject matter of the solicitation. Essentially, IDBI Federal Child Plans consist of two major plans, one that is a regular plan and the other is a market linked plan that ensures participation in the market thus increasing the chances of high returns. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Read about company. IDBI Federal Life Insurance Company Limited 1st Floor, Tradeview, Oasis Complex, Kamala City, P.B. Guaranteed Returns irrespective of market conditions, Flexibility to receive recurring annual payouts on Maturity or take it in lump-sum, Guaranteed Additions to safeguard your savings, Pay premium for 10 years and receive secured income for next 10 years, Secure your family financially with a life cover for 20 years, Enhanced protection in case of disablement, Term plan for variety of formal and informal groups, Provides life insurance cover to employees / members at low cost, A single premium, group credit life insurance plan, 2 cover options – level cover and reducing cover, Single Life, Joint cover or Proportionate cover options available, Investment platform to earn market-linked returns, Best suited for Micro finance institutions, self-help groups and NGOs, Provide security to the group members’ families, Covers for home loans, loan against property and plot loans, Choose life cover for single life, joint life or proportionate cover for co-borrowers of a loan. Here is a glimpse of these two plans. The cost of education has … IDBI Federal Childsurance Savings Protection Insurance Plan Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. A Saving Plan will help you save money for your Future. Childsurance® Savings, is designed to give you guaranteed annual payouts and aid the important milestones in your child’s life. *The information provided on this website/page is only for information sake. Depends on the minimum premium chosen, age and term, Annual premium in Rupees for a Sum Assured of 5 lakhs, Grace Period: 15 days’ grace period is allowed for premium payment in monthly mode and 30 days in annual mode. Choice of Multiple Policy Terms – Policyholders can choose from various policy terms, as per their convenience, at the end of which they will receive maturity benefits.Policies are available for terms ranging from 10, 15, 20 and 25 years. With the , you receive guaranteed payouts on an annual basis, so you can provide for your child’s needs even if you are no longer around. Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. IDBI Federal Childsurance ® Savings Protection Plan is a non-linked participating endowment plan that ensures your child’s future financial needs are fulfilled. IDBI Federal Child Plans. IRDAI Registration No. Watch Childsurance Savings Protection Plan from IDBI Federal video online on Rediff Videos. Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 2/3 full years’ premium has been paid. Select from our range of affordable and convenient Online Insurance Plans. We Would love to interact with you, IDBI Federal Life Childsurance Savings Protection Insurance Plan, idbi-childsurance-savings-protection-insurance-plan:child plan. Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. While one plan is a traditional child insurance plan, the other one is a unit linked plan providing a good return through market participation. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No. If policyholder fails to make payment within the grace period, the policy lapses. About IDBI Federal Life Insurance Company. 135, 19th Dec, 07. Policybazaar does not in any form or manner endorse the information so provided on the website and strives to provide factual and unbiased information to customers to assist in making informed insurance choices. IDBI Federal life introduces a special plan to help you plan your savings towards this very goal with the Childsurance Savings Protection Insurance Plan. Insurance is the … Flexibility to choose premium payment term and policy term of one’s choice, Get policy benefits in lump sum or as regular income, Guaranteed loyalty additions to boost your investment, Life cover for financial protection of your loved ones, Guaranteed pay out for 7 consecutive years or Lump sum amount at maturity, Pay only for the first 7 years of the policy, Increasing monthly income for your family in your absence, Lump sum benefit to take care of immediate expenses, Option to get return of premium on maturity, Premium payment options as per your choice, 125% of Maturity sum assured paid out in the form of Guaranteed Annual Payouts to help fund critical milestones, Guaranteed additions up to 10% every five years depending on the policy term chosen, Financial security of the loved one’s in case of an unfortunate event - No future premiums payable and policy continues with planned benefits, Pay only for the first 8 years of the policy, Enjoy Guaranteed Annual Payouts in the last 3 years of the policy term, No future premiums payable on death or disability of life assured, Guaranteed loyalty additions to boost savings, Life Protection with Market linked returns, Choice of regular and limited premium paying terms, Option to choose from 6 fund options based on your risk appetite, Enhanced protection offered by Critical Illness Benefit, Choose from a range of funds as per your financial needs, Unlimited free switches and premium redirection. - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator registration.!, and capital management solutions to both individuals and corporate clients Company has two child Plans Provided by idbi Childsurance. 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